Alok Industries’ consolidated net loss narrows to Rs 27 crore in Q4
18th Apr 2022

Alok Industries has reported results for fourth quarter and year ended March 31, 2022.

The company has reported net loss of Rs 29.27 crore for the quarter under review as compared to net loss of Rs 76.38 crore for the same quarter in the previous year. However, total income of the company increased by 36.25% at Rs 1,982.56 crore for Q4FY22 as compared Rs 1,455.09 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 26.76 crore for the quarter under review as compared to net loss of Rs 500.11 crore for the same quarter in the previous year. However, total income of the company increased by 37.39% at Rs 2,031.44 crore for Q4FY22 as compared Rs 1,478.63 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss of Rs 184.18 crore as compared to net loss of Rs 5,854.99 crore for the previous year. However, total income of the company increased by 91.41% at Rs 7,191.24 crore for year under review as compared to Rs 3,756.97 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss of Rs 208.60 crore as compared to net loss of Rs 5,673.32 crore for the previous year. However, total income of the company increased by 89.83% at Rs 7,354.41 crore for year under review as compared to Rs 3,874.19 crore for year ended March 31, 2021.